Spire Global weighing merger or asset sale following collapse of Kpler’s $233.5M purchase of maritime business

by Peter B. de Selding

LA PLATA, Maryland — Multi-sensor satellite constellation operator Spire Global is weighing multiple strategic alternatives, including the sale of the company, following Kpler Holding SA of Belgium’s decision to walk away from its planned $233.5 million purchase of Spire Global’s maritime business.

Kpler’s decision, if not reversed, places Spire in a delicate position with respect to its principal creditor, Blue Torch Finance, which has already interest charges following Spire’s inability to make quarterly financial disclosures to the U.S. Securities and . . .

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